I thought the Perth area was doing well, page-421

Merely quoting 'The West'. But, picture is mixed.

House prices have become absurd, reinforced by wholly inappropriate Federal tax policies and State Stamp Duties.
Anticipated interest rate rises will cripple some, particularly in a low wage rise setting.
Prospects of climate damage and un-insurability becoming a factor.
Growing sense of entitlement of multiple ownership landlords.
Legislation so favourable to landlords it reflects unchanged Penal Colony attitudes to property.
Commuting costs.
No migration and low birth rate likely to lower demand.
Suburbs near Unis and Business Parks likely to do well.
Suburbs with achieving State or Catholic schools doing well.
Airport suburbs popular with FIFOs.
Location of stations and bus routes influential.
Post code snobbery?

Own view, absurdly artificial emphasis on unproductive housing 'investment' while Australia urgently needs capital for productive investment.
The world needs our metals and commodities, we need to apply capital and political will to supply these and gain the skills and wealth creating capacities that should accompany them.

The growth prospects are there, we can achieve a high civilisation for Australians via NDIS, aged care, education, climate change, gender equality etc., etc.